Formula One Teams’ Association setting up a breakaway championship – BMW Sauber also

Will BMW Sauber team leave the Formula 1 championship? That seems to be the case, together with the other FOTA members, Ferrari, McLaren, Renault, Toyota, …

Will BMW Sauber team leave the Formula 1 championship? That seems to be the case, together with the other FOTA members, Ferrari, McLaren, Renault, Toyota, Brawn, Red Bull Racing and Scuderia Toro Rosso, voted to create a series of their own.

There have been months of frustration and endless negotiations between FOTA and FIA, but no mutual agreement could be reached. There were many differences between the two parties, but one of the most important one was related to the budget cap imposed by the FIA president Max Mosley.

“The teams cannot continue to compromise on the fundamental values of the sport and have declined to alter their original conditional entries to the 2010 World Championship,” said a statement issued by FOTA after the meeting.

According to FOTA, “the major drivers, stars, brands, sponsors, promoters and companies historically associated with the highest level of motorsport will all feature in this new series.”

Could this be the end of Formula 1 Championship? We hope not, the history behind is far too large and important to simply throw it away. We’re still hoping that an agreement can be still reached when push comes to shove.